Jefferies downgraded Judges Scientific, Smiths Group, and XP Power, cautioning on industrial sector.

From Investing.com: 2025-01-21 02:04:24

Jefferies analysts downgraded Judges Scientific, Smiths Group, and XP Power to “hold” from “buy” due to economic uncertainty and sluggish growth in key industrial markets. Judges Scientific’s price target was reduced to 8,500p, Smiths Group’s to 1,930p, and XP Power’s to 1,440p. Jefferies warns of caution in the broader industrial sector for 2025, emphasizing the importance of strong balance sheets and appropriate valuations. They upgraded Spirax-Sarco to ‘buy,’ anticipating a recovery driven by strategic investments in high-growth sectors.



Read more at Investing.com: 3 UK industrial stocks downgraded at Jefferies this week By Investing.com